Which of the following is true regarding packaged software and custom software? Group of answer choices Packaged software are applications that are designed and developed exclusively for a specific organization. The development costs of custom software are much higher than for packaged software because of the time, money, and resources that are required to design and develop them. Packaged software is well suited for tasks that are unique to a particular business. Custom software is cost effective since the vendor that builds the application can spread out development costs through selling to a large number of users. Custom software is highly useful for standardized, repetitive tasks, such as writing a report or preparing a presentation.